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Complete financial analysis of SSB Bancorp, Inc. (SSBP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SSB Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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SSB Bancorp, Inc. (SSBP)
About SSB Bancorp, Inc.
SSB Bancorp, Inc. operates as the holding company for SSB Bank that provides various financial services to individuals and corporate customers in Pennsylvania. Its primary deposit products include passbook savings accounts, checking accounts, money market accounts, time deposits, interest-bearing and non-interest bearing demand accounts, and certificates of deposit; and lending products consist of one-to-four family residential real estate loans, commercial real estate loans, multi-family residential real estate loans, construction loans, commercial and industrial loans, consumer loans, and home equity lines of credit. The company also offers credit card processing solutions, as well as Internet banking services. It serves customers through its main office and one branch office, which are located in Pittsburgh, Pennsylvania. The company was founded in 1922 and is based in Pittsburgh, Pennsylvania. SSB Bancorp, Inc. is a subsidiary of SSB Bancorp, MHC.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.09M | 8.48M | 10.49M | 10.78M | 5.21M | 4.58M | 4.43M | 3.62M | 5.40M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 10.09M | 8.48M | 10.49M | 10.78M | 5.21M | 4.58M | 4.43M | 3.62M | 5.40M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.96M | 3.75M | 0.00 | 0.00 | 2.87M | 2.36M | 1.95M | 1.50M | 524.99K |
| Selling & Marketing | 89.53K | 139.03K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.19K |
| SG&A | 4.05M | 3.89M | 0.00 | 0.00 | 2.87M | 2.36M | 1.95M | 1.50M | 1.72M |
| Other Expenses | 6.03M | -10.63M | -2.58M | -2.05M | -7.53M | -3.60M | -390.48K | -274.11K | -969.91K |
| Operating Expenses | 10.09M | -6.74M | 2.58M | 2.05M | -4.66M | -1.23M | -944.55K | -745.93K | 969.91K |
| Cost & Expenses | 10.09M | -6.74M | 9.16M | 8.86M | -4.66M | -1.23M | -944.55K | -745.93K | 3.87M |
| Interest Income | 14.20M | 10.07M | 0.00 | 0.00 | 8.29M | 7.02M | 6.22M | 5.29M | 0.00 |
| Interest Expense | 6.18M | 2.82M | 533.30K | 781.41K | 3.80M | 2.90M | 2.32M | 2.00M | 0.00 |
| Depreciation & Amortization | 160.31K | 161.54K | 171.93K | 223.26K | 171.50K | 156.97K | 57.75K | 62.97K | 70.29K |
| EBITDA | 2.63M | 1.74M | 1.51M | 2.15M | 716.87K | 0.00 | 0.00 | 0.00 | 1.60M |
| EBITDA Ratio | 26.08% | 20.49% | 0.01% | 0.02% | 13.76% | 76.46% | 80.00% | 81.15% | -3.85% |
| Operating Income | 2.47M | 1.74M | 1.34M | 1.92M | 545.37K | 3.34M | 3.49M | 2.88M | 1.74M |
| Operating Income Ratio | 24.49% | 20.49% | 12.76% | 17.82% | 10.47% | 73.03% | 78.70% | 79.41% | 32.25% |
| Total Other Income/Expenses | 0.00 | -13.48M | 0.00 | 0.00 | -787.93K | -704.42K | -572.88K | -437.79K | -475.78K |
| Income Before Tax | 2.47M | 1.74M | 1.34M | 1.92M | 545.37K | 443.68K | 1.17M | 879.10K | 1.53M |
| Income Before Tax Ratio | 24.49% | 20.49% | 12.75% | 17.83% | 10.47% | 9.69% | 26.46% | 24.26% | 28.39% |
| Income Tax Expense | 569.08K | 408.99K | 232.76K | 491.34K | 109.02K | 63.26K | 584.08K | 290.92K | 577.14K |
| Net Income | 1.90M | 1.33M | 1.11M | 1.43M | 436.35K | 380.42K | 589.10K | 588.18K | 956.81K |
| Net Income Ratio | 18.84% | 15.66% | 10.54% | 13.27% | 8.38% | 8.31% | 13.29% | 16.23% | 17.71% |
| EPS | 0.88 | 0.62 | 0.51 | 0.66 | 0.20 | 0.18 | 0.26 | 0.26 | 0.43 |
| EPS Diluted | 0.88 | 0.62 | 0.50 | 0.66 | 0.20 | 0.18 | 0.26 | 0.26 | 0.43 |
| Weighted Avg Shares Out | 2.15M | 2.14M | 2.18M | 2.18M | 2.17M | 2.16M | 2.25M | 2.25M | 2.25M |
| Weighted Avg Shares Out (Dil) | 2.15M | 2.15M | 2.20M | 2.18M | 2.17M | 2.16M | 2.25M | 2.25M | 2.25M |
SSB Bancorp, Inc. Authorizes Stock Repurchase Program
SSB Bancorp, Inc. Reports Unaudited Financial Results for 2023
SSB Bancorp, Inc. Reports Unaudited Consolidated Financial Results For the Three Months and Nine Months Ended September 30, 2023
SSB Bancorp, Inc. Authorizes Stock Repurchase Program
Source: https://incomestatements.info
Category: Stock Reports